Can NSE shares trade on its own platform? Sebi chief says no panel considering self-trading in exchange shares
Sebi Chairman Tuhin Kanta Pandey said the regulator is not currently considering self-listing or self-trading of exchange shares, days after NSE CEO Ashish Kumar Chauhan suggested exploring the possibility. Pandey said no Sebi panel is discussing the proposal at present, while Chauhan had cited conflict-of-interest concerns but said the idea could be revisited as the market ecosystem matures.
Sebi Chairman Tuhin Kanta Pandey has stated that the market regulator is not considering self-trading in exchange-traded shares. This comes after NSE CEO Ashish Kumar Chauhan suggested the possibility of the stock exchange trading its own shares on its platform following its debut on BSE. Pandey noted that no Sebi panel is currently discussing the idea, and he hinted that if it were to happen, the public would be informed.
NSE's self-listing raised concerns about a potential conflict of interest, as the exchange also runs the market and supervises trading. Despite Chauhan's hint at the possibility of self-listing as the ecosystem matures, Pandey's latest comments imply that the regulator may not be moving forward with this overhaul. Currently, NSE shares trade on BSE, while BSE shares trade on NSE.
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